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Actuarial exams Prep courses:

Exam P: Math 3122(fall) and Math 3123(spring)

Exam FM: Math 2428(fall) and Math 3128(spring)

Exam MLC: Math 3129(fall)

 

Join the Actuarial club

 

Apply to the

TIAA-CREF scholarship (Soon)

 

 
 

 

To be an Actuary 

 

Actuarial Exams

Courses/prerequisites

Program of study

Planning sheet

VEE Courses

TIAA-CREF scholarship

Jobs/Internships(New)

Announcements

Links 

 

Math for Business Program

Math Home

Contacts:

Chairperson:

Dr. Alan Dow

 

Associate Chairperson:

Dr. Mohammad Kazemi

 

Coordinator of undergraduate program:

Dr. Kim Harris

 

Actuarial program Committee:

Dr. Robert Anderson

Dr. Jaya Bishwal

Dr. Wafaa Shaban

Actuarial Science Program

Actuarial Science is an important field of Applied Mathematics. It requires Mathematical and Statistical skills to study and analyze uncertain events in the insurance and financial fields. 

An Actuary needs to know Calculus, Differential Equations, Linear Algebra, Probability and Statistics, Interest Theory, etc. In addition, an Actuary has to learn some Finance, Accounting, Economics, and some other topics in Insurance. 

Start your Actuarial Career by taking a BA degree in Mathematics with a concentration in Actuarial Science. A major in Mathematics for the BA degree with a concentration in Actuarial Science consists of a minimum of 34 semester hours in mathematics and statistics courses and 18 semester hours from the Belk College of Business . In addition all students must meet the general education requirements of the University (See Catalog)        

 

BA Degree in Mathematics with a Concentration in Actuarial Science   

Required Courses from The Department of Mathematics and Statistics:

MATH 1241, 1242, 2241, 2242 Calculus courses
MATH 2164 Linear Algebra

MATH 2171 Differential Equations

MATH 2428 Mathematical Theory of Interest
MATH 3163 Introduction to Modern Algebra
MATH 3688 Mathematics Awareness Seminar
MATH 3689 or MATH 3791: Senior Project Seminar or Senior Honors Tutorial
MATH 3122, 3123 Probability and Statistics I and II
MATH 3128, 3129 Actuarial Mathematics I and II
STAT 3110, 3150 are strongly recommended to get Actuarial VEE credits. 

MATH 4051 is also recommended.

 

Required Courses from The Belk College of Business:

 

ACCT 2121, 2122 Principles of Accounting I and II
ECON 2101, 2102 Principles of Economics-Macro/Micro
FINN 3120 Financial Management
FINN 3271 Principles of Insurance

ITCS 1212 Introduction to Computer Science


Recommended but not required are FINN 3272(Life) and FINN 3273(Casualty)

 

NOTE: The prerequisites of some Actuarial courses listed in the Catalog are outdated due to changes in the syllabus. Please follow the guide provided at the top of this webpage. 

 

Courses Offered in the Fall

 

MATH 2428

 

Mathematical Theory of Interest

A Preparatory course for Actuarial Exam FM

Prerequisites:

Math 1242

MATH 3122

Probability and Statistics I

A Preparatory courses for Actuarial Exam P

Math 2241  

 

MATH 3129

Actuarial Mathematics II

A Preparatory course for Actuarial Exam MLC

Math 3122 and 3128

 

 

Courses Offered in the Spring

 

MATH 3128

 

Actuarial Science I

A Preparatory course for Actuarial Exam FM

Prerequisites:

Math 2428

MATH 3123

Probability and Statistics II

A Preparatory courses for Actuarial Exam P

Math 3122